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2 years ago

Explain the importance of thoroughly checking your SAR and what steps you can

1 answer:

5 0

Based on financial analysis, the importance of thoroughly checking your SAR is that "possessing an accurate SAR gives individuals the high tendency of earning a financial aid award."

Generally, the financial aid awards depend on the accurate details given in the SAR report.

However, should there be an error in the SAR report, here is the step you can take:

Either you correct or update your Free Application for Federal Student Aid, often referred to as FAFSA form.

The FAFSA form can be filled online.

SAR is an acronym for Student Aid Report.

Hence, in this case, it is concluded that SAR information is crucial for students that need financial aids.

Learn more here: brainly.com/question/24801462

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Asa works as an order-taker at Simply Salads, a fast-food restaurant. He does not cook food, or even package the final order, bu

Tanzania [10]

Answer:

Mechanistic

Explanation:

Mechanistic is the correct answer as it is clearly mentioned that the person just placed the order and takes the payment which very categorically means that intervention in the entire process is quite less which is the basic definition of Mechanistic unlike the other given options.

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2 years ago

Read 2 more answers

Which of the following choices is not a career assessment value?

tangare [24]

Answer: Career assessments are surveys or tests that attempt to give insight into what type of career would be best for someone. There are four major types of career assessments: personality tests, interest inventories, skills assessments, and value assessments.Career assessment is a way to learn more about how well a variety of careers might suit you. Different types of assessments focuses on specific areas, such as skills, interests, or values.

Explanation:

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2 years ago

Smith entered an oral agreement hiring and authorizing Jones to sell fraudulent identification cards produced by Smith. Smith an

Marina CMI [18]

Explanation:

We have to note an important point here is that, Smith has plan to sell fraudulent identification card through Jones and he has done only Oral agreement.

An oral agreement does not have a proof. Any oral agreement cannot be taken as a proof legally. There must be a proper written agreement required to prove the relationship. There are certain standard too in written agreement.

For Example, agreement written on a normal white paper cannot be accepted. The agreement should be legally signed according the bond paper provided and authorized by the Government.

Considering all the above discussion, Jones stands right.

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2 years ago

Ski Powder Resort ends its fiscal year on April 30. The business adjusts its accounts monthly, but closes them only at year-end

Murljashka [212]

Answer:

a. We have:

Lift ticket value is = $80,000

Cash = $97,000

b. We have:

Lift ticket value = $854,000

Cash = $337,000

c. We have:

Lift ticket revenue - Best month = January 31

Lift ticket revenue - Amounts = $480,000

Cash - Best Month = December 31

Cash - Amounts = $55,000

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Ski Powder Resort ends its fiscal year on April 30. The business adjusts its accounts monthly, but closes them only at year-end (April 30). The resort's busy season is from December 1 through March 31. Adrian Pride, the resort's chief financial officer, keeps a close watch on Lift Ticket Revenue and Cash. The balances of these accounts at the end of each of the last five months are as follows:

November 30 - Lift ticket revenue = $26000, Cash = $8000

December 31 - Lift ticket revenue = $200,000, Cash = $63000

January 31 - Lift ticket revenue = $680,000, Cash = $67,000

February 28 - Lift ticket revenue = $760000, Cash = $97,000

March 31 - Lift ticket revenue = $880,000, Cash = $110,000

Mr. Pride prepares income statements and balance sheets for the resort. Assuming they are prepared for:

a. The month ended February 28.

1. Indicate what amount will be shown in the statements for Lift Ticket Revenue.

Lift ticket value =

2. Indicate what amount will be shown in the statements for cash

Cash =

b. The entire "busy season to date" — that is, December 1 through March 31.

1. Indicate what amount will be shown in the statements for Lift Ticket Revenue.

Lift ticket value =

2. Indicate what amount will be shown in the statements for cash.

Cash =

c. In terms of Lift Ticket Revenue and increases in Cash, which has been the resort's best month? (Indicate the dollar amounts.)

Lift ticket revenue - Best month =

Lift ticket revenue - Amounts =

Cash - Best Month =

Cash - Amounts =

The explanation of the answer is now given as follows:

a. Indicate what amount will be shown in the statements for Lift Ticket Revenue and Cash for the month ended February 28.

1. Lift ticket value = Lift ticket revenue for February 28 - Lift ticket revenue for January 31 = $760,000 - $680,000 = $80,000

2. Cash = Cash for February 28 = $97,000

b. Indicate what amount will be shown in the statements for Lift Ticket Revenue and Cash for the entire "busy season to date" — that is, December 1 through March 31.

1. For Lift ticket value

Lift ticket value = Lift ticket value for the month ended December 31 + Lift ticket value for the month ended January 31 + Lift ticket value for the month ended February 28 + Lift ticket value for the month ended March 31 …………………….. (1)

Where;

Lift ticket value for the month ended December 31 = Lift ticket revenue for December 31 - Lift ticket revenue for November 30 = $200,000 - $26000 = $174,00

Lift ticket value for the month ended January 31 = Lift ticket revenue for January 31- Lift ticket revenue for December 31 = $680,000 - $200,000 = $480,000

Lift ticket value for the month ended February 28 = Lift ticket revenue for February 28 - Lift ticket revenue for January 31 = $760,000 - $680,000 = $80,000

Lift ticket value for the month ended March 31 = Lift ticket revenue for March 31 - Lift ticket revenue for February 28 = $880,000 - $760,000 = $120,000

Substituting the values into equation (1), we have:

Lift ticket value = $174,000 + $480,000 + $80,000 + $120,000 = $854,000

2. For Cash

Cash = Cash for the month ended December 31 + Cash for the month ended January 31 + Cash for the month ended February 28 + Cash for the month ended March 31 …………….. (2)

Where;

Cash for the month ended December 31 = $63000

Cash for the month ended January 31 = $67,000

Cash for the month ended February 28 = $97,000

Cash for the month ended March 31 = $110,000

Substituting the values into equation (2), we have:

Cash = $63,000 + $67,000 + $97,000 + $110,000 = $337,000

c. In terms of Lift Ticket Revenue and increases in Cash, which has been the resort's best month? (Indicate the dollar amounts.)

The best month indicates the month with the highest value. Therefore, we have:

1. For Lift ticket revenue

Lift ticket revenue - Best month = January 31

Lift ticket revenue - Amounts = $480,000

2. For cash

Increase in cash for the month ended December 31 = Cash for December 31 - Cash for November 30 = $63,000 - $8000 = 55,000

Increase in cash for the month ended January 31 = Cash for January 31 - Cash for December 31 = $67,000 - $63,000 = $4,000

Increase in cash for the month ended February 28 = Cash for February 28 - Cash for January 31 = $97,000 - $67,000 = $30,000

Increase in cash for the month ended March 31 = Cash for March 31 - Cash for February 28 = $110,000 - $97,000 = $13,000

Therefore, we have:

Cash - Best Month = December 31

Cash - Amounts = $55,000

4 0

2 years ago

Janice wants to get a mortgage for her new vacation condo. She pays $56,000 for the condo and has a 7% interest rate for a 7-yea

N76 [4]

Answer:

It is a Bullet Loan

Explanation:

A bullet loan is a type of loan in which the principal that is borrowed and sometimes with the interest are paid back at the end of the loan period by the borrower.

Essentially, the flexibility in the terms mean that a borrower is going to be saving a large payment until the end of the repayment period and with this borrowers can get access to loans they wouldn't have been able to afford if such flexibility doesn't exist.

However, this type of loan can be extremely risk for the borrower especially if things didn't go as planned.

3 0

2 years ago